Abstract
Prefabricated construction, a new direction for the future development of the Chinese construction industry, can maximize the requirements of “green”. As a new form of green building, prefabricated construction is of particular interest. On account of the immature development of the green building market in China, the investment risk for prefabricated construction is higher than for traditional architecture. Hence, it is especially important to improve its investment risk identification and management. This study adopts system dynamics and builds a risk identification feedback chart and risk flow chart, to comprehensively identify investment risks that projects in China may face and to process quantitative estimation of investment risk factors. Key factors influencing project investment risks are found, and corresponding measures are pointedly proposed. This paper may provide guidance and a reference for promoting the sound development of prefabricated construction in China.
Highlights
Prefabricated construction refers to all kinds of constructions that are produced by factories and to buildings produced by an assembly method [1]
Compared with traditional on-site pouring operations of a building project, the construction process can effectively reduce the sewage, harmful gases, dust emissions, and construction noise pollution, and generally reduce the impact of construction on the surroundings. This building method is conducive to the improvement of labor productivity, and the design and the construction methods can enhance the overall quality and energy saving rate of water, and can satisfy the term “green”, which promotes the healthy and sustainable development of China’s construction industry and meets the need of national economic development [2]
In September 2016, the general office of the State Council formally issued a document about the guidance on vigorously developing prefabricated construction
Summary
Prefabricated construction refers to all kinds of constructions that are produced by factories and to buildings produced by an assembly method [1]. Compared with traditional on-site pouring operations of a building project, the construction process can effectively reduce the sewage, harmful gases, dust emissions, and construction noise pollution, and generally reduce the impact of construction on the surroundings. This building method is conducive to the improvement of labor productivity, and the design and the construction methods can enhance the overall quality and energy saving rate of water, and can satisfy the term “green”, which promotes the healthy and sustainable development of China’s construction industry and meets the need of national economic development [2].
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